Concentration Reserve definition

Concentration Reserve means at any time, the product of (a) the Aggregate Capital plus the Adjusted LC Participation Amount, and (b)(i) the Concentration Reserve Percentage divided by (ii) 1 minus the Concentration Reserve Percentage.
Concentration Reserve means, at any time of determination, an amount equal to: (a) the sum of the Aggregate Capital plus the LC Participation Amount on such date, multiplied by (b)(i) the Concentration Reserve Percentage on such date, divided by (ii) 100% minus the Concentration Reserve Percentage on such date.
Concentration Reserve means 10.00%.

Examples of Concentration Reserve in a sentence

  • Projected Monthly ▇▇▇▇▇▇▇▇ - Ninety percent (90%) of the sum of -------------------------- Projected Weekly ▇▇▇▇▇▇▇▇ for and only for the then current calendar month, minus the Concentration Reserve.

  • The Manager shall separately account for the Concentration Reserve Amount apart from other amounts held in the Concentration Accounts, and no part of the Concentration Reserve Amount shall be deemed to constitute Collections (or included in any calculation that includes amounts on deposit in the Concentration Accounts).

  • The Concentration Reserve Amount shall initially be funded on the Closing Date and thereafter may be funded with proceeds of the Residual Amount or capital contributions (but in no event directly from Retained Collections).

  • The inclusion of the Contract in --------------------------------- the Contract Pool will not result in an Excess Concentration Reserve.


More Definitions of Concentration Reserve

Concentration Reserve means, on any day, an amount equal to: (a) the Aggregate Investment at the close of business of the Servicer on such date multiplied by (b) (i) the Concentration Reserve Percentage on such date, divided by (ii) 100% minus the Concentration Reserve Percentage on such date.
Concentration Reserve means the product of (a) the Aggregate Capital plus the Aggregate Adjusted LC Participation Amount, and (b)(i) the Concentration Reserve Percentage divided by (ii) 1 minus the Concentration Reserve Percentage.
Concentration Reserve means at any time, the product of (a) the sum of (i) the Aggregate Capital plus (ii) the Adjusted LC Participation Amount, multiplied by (b) the Concentration Reserve Percentage.
Concentration Reserve means, at any time, the product of (a) the Net Receivables Pool Balance at such time, multiplied by (b) the Concentration Reserve Percentage.
Concentration Reserve means, on any date, an amount equal to: (a) the Adjusted Aggregate Eligible Outstanding Balance on such date, multiplied by (b) the Concentration Reserve Percentage on such date.
Concentration Reserve means, at any time: (a) the aggregate Capital at such time multiplied by (b)(i) the Concentration Reserve Percentage, divided by (ii) 1.0, minus the Concentration Reserve Percentage.
Concentration Reserve means, on any date, an amount equal to: (a) the sum of the Aggregate Capital plus the Adjusted LC Participation Amount on such date multipliedby (b)(i) the Concentration Reserve Percentage on such date, dividedby (ii) 100%, minus the Concentration Reserve Percentage on such date.